Electronic giant Maplin has gone into administration putting thousands of jobs at risk.

The chain which has a branch Grimsby, at High Point Retail Park on Cressey Street, employs 2,500 people nationally.

The news comes as Toys R Us, who employ 3,000 people across the country, also announced they too had go into administration.

Maplin CEO Graham Harris said: “I can confirm this morning that it has not been possible to secure a solvent sale of the business and as a result we now have no alternative but to enter into an administration process.

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"We will now work tirelessly alongside Zelf Hussain, Toby Underwood and Ian Green, from PWC, who have been appointed as the as Joint Administrators of Maplin Electronics Limited, to achieve the best possible outcome for all of our colleagues and stakeholders.”